Indian equity indices extended their winning streak to a seventh consecutive session on November 6, shrugging off a global market rout after the Nasdaq Composite recorded its steepest single-day decline in 19 months amid concerns over tighter AI regulations.

Tracking weak global cues, domestic benchmarks opened lower and slipped to an intraday low of 24,388.05. However, they staged a sharp recovery in early trade, with buying momentum gathering pace as the session progressed. The Nifty crossed the 24,900 mark for the first time since February 27, 2026.

Falling crude oil prices, sustained foreign fund inflows, encouraging corporate earnings and a strengthening rupee supported domestic market sentiment.

At close, the Sensex was up 1,718.01 points or 2.17 percent at 81,028.02, and the Nifty was up 493.75 points or 2.01 percent at 25,030.35.

The sharp buying lifted investors' wealth by nearly Rs 1.5 lakh crore, with the total market capitalisation of BSE-listed companies rising to Rs 503.10 lakh crore from Rs 501.61 lakh crore in the previous session.

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain open for a special Muhurat trading session on Sunday, November 8, 2026, to mark Diwali Laxmi Pujan.

For the week, the Sensex and Nifty rallied around 8 percent each, marking their biggest weekly gains in six years. However, for Samvat 2082, the Nifty declined 2.6 percent, while the Sensex shed 3.5 percent.

The broader markets underperformed the benchmark indices, with the Nifty Midcap index ending marginally lower and the Smallcap index declining 0.8 percent, snapping its four-session winning streak.

Among Nifty 50 stocks, ICICI Bank, M&M, HDFC Bank, Titan Company and Axis Bank were the top gainers, while Eicher Motors, Power Grid Corporation, Bharat Electronics, Adani Enterprises and Tata Motors Passenger Vehicles were among the biggest losers.

The Indian rupee extended its winning streak for the sixth consecutive session on Friday, settling at a six-month high. The currency closed 56 paise higher at 93.91 per dollar compared with the previous close of 94.47.

Among individual stocks, Ashoka Buildcon share price shed 4 percent despite declared L1 bidder by NHAI, Bikaji Foods declined more than 3 percent as Q2 profit decline , Astral share price fell 9 percent despite revenue surges 26 percent, while Aadhar Housing Finance shares fell 2% percent even better earnings.

Among other stocks, V2 retail shares gained 7 after 63 lakh shares (1.71% equity) worth Rs 100 crore change hands, Cohance Life share price slipped 3 percent on plant closure order from Telangana Pollution Control Board (TGPCB), KNR Constructions share price rose 2 percent on LoA from Hyderabad Metropolitan Development Authority (HMDA) of Rs 1,396.54 crore.

Bharti Airtel shares rose nearly 2 percent after profit surges 30.9%, shares of Titan Company added 3 percent after profit spike 113.7 percent, while Britannia Industries shares fell 4 percent even better earnings.

Share price of Venus Pipes plunged 5 percent on reporting flat net profit in Q2, while Thermax shed 17 percent after Q2 profit, while Schneider Electric share price declined 6 percent after profit dips 43.2%.

Nearly 100 stocks touched 52-week high, including Stocks of Sai Life Sciences, Glenmark Pharma, ICICI Bank, Kotak Mahindra Bank, Indian Hotels, Shyam Metalics, Eternal, Marico, Motilal Oswal, Divis Labs, TVS Motor, Aurobindo Pharma, Tech Mahindra, Anand Rathi, Coforge, Bosch, among others.